Tax Rates by Year

The official tax rate is set in June preceding the start of the fiscal year once the Grand List is finalized, based on the budgets passed on Town Meeting Day.

Fiscal Year Assessed Value* Grand List Tax Rate - Homestead Tax Rate Non-Homestead Town Education - Homestead Education - Non-Homestead Exemptions / Contracts
FY26 5,521,182,300 53,754,043 1.3725  1.3948 0.2275 1.1428 1.1651  0.0022 
FY25 5,318,445,200 52,938,072 1.3390 1.3379 0.2198 1.1170 1.1159 0.0022
FY24 2,417,138,300 24,171,383 2.4393 2.5651 0.4710 1.9631 2.0889 0.0052
FY23 2,363,274,700 23,632,747 2.2018 2.3339 0.4579 1.7390 1.8711 0.0049
FY22 2,289,226,300 22,892,263 2.1589 2.2812 0.4339 1.7198 1.8421 0.0052
FY21 2,252,831,700 22,528,317 2.0722 2.2318 0.4350 1.6320 1.7916 0.0052
FY20 2,243,788,000 22,437,880 1.9705 2.1179 0.4253 1.5403 1.6877 0.0049
FY19 2,220,071,900 22,200,719 1.9370 2.0599 0.4130 1.5192 1.6421 0.0048
FY18 2,167,214,900 21,672,149 1.9421 2.0018 0.4128 1.5244 1.5841 0.0049
FY17 2,124,167,500 21,241,675 1.9339 1.9679 0.4049 1.5242 1.5582 0.0048
FY16 2,077,281,600 20,772,816 1.9068 1.9444 0.4040 1.4980 1.5356 0.0048
FY15 2,049,190,800 20,491,908 1.8885 1.9204 0.3950 1.4886 1.5205 0.0049
FY14 2,040,365,700 20,403,657 1.8585 1.8762 0.3775 1.4762 1.4939 0.0048
FY13 2,052,770,700 20,527,707 1.7922 1.8043 0.3610 1.4280 1.4401 0.0032
FY12 1,992,957,900 19,929,579 1.7755 1.8106 0.3579 1.4131 1.4482 0.0045
FY11 1,998,218,100 19,982,181 1.9176 2.0002 0.3511 1.5611 1.6437 0.0054
FY10 1,999,241,300 19,992,413 1.9358 1.9963 0.3506 1.5798 1.6403 0.0054
FY09 1,981,000,000 19,810,000 1.8388 1.8778 0.3468 1.4869 1.5259 0.0051
FY08 1,906,809,900 19,068,099 1.7107 1.7443 0.3309 1.3749 1.4085 0.0049
FY07 1,852,947,900 18,529,479 1.6395 1.6695 0.3272 1.3074 1.3374 0.0049
FY06 1,766,376,400 17,663,764 1.4611 1.4932 0.3334 1.1277 1.1598
FY05 873,545,200 8,735,452 2.7209 2.7463 0.6456 2.0753 2.1007
FY04 858,775,700 8,587,757 1.9104 0.6027 1.3077
FY03 842,922,200 8,429,222 1.7500 0.5492 1.2008
FY02 816,116,000 8,161,160 1.6110 0.4730 1.1380
FY01 763,525,900 7,635,259 1.5770 0.4730 1.1040
FY00 763,516,300 7,635,163 1.5620 0.4560 1.1060
FY99 746,659,500 7,466,595 1.5130 0.4560 1.1100
FY98 754,068,800 7,540,688 1.1780 0.4720 0.7060
FY97 743,047,600 7,430,476 1.1790 0.4670 0.7120
FY96 480,636,900 4,806,369 1.7040 0.6400 1.0640
FY95 469,544,100 4,695,441 1.7500 0.6700 1.0800
FY94 461,886,200 4,618,862 1.7300 0.6800 1.0500
FY93 452,171,300 4,521,713 1.7000 0.6800 1.0200
FY92 446,500,300 4,465,003 1.6700 0.6800 0.9900
FY91 437,801,100 4,378,011 1.6000 0.6800 0.9200
FY90 426,135,700 4,261,357 1.5000 0.6700 0.8300
FY89 403,001,500 4,030,015 1.4300 0.6400 0.7900
FY88 383,219,300 3,832,193 1.3200 0.5900 0.7300
FY87 354,768,300 3,547,683 1.2200 0.5600 0.6600
FY86 340,685,500 3,406,855 1.1700 0.5000 0.6700
FY85 328,819,900 3,288,199 1.1600 0.5140 0.6372
FY84 182,434,800 1,824,348 1.7290 0.7188 1.0097
FY83 173,020,100 1,730,201 1.7400 0.6941 1.0461
FY82 157,978,100 1,579,781 1.6300 0.6550 0.9750
FY81 150,217,500 1,502,175 1.5900 0.6270 0.9623
FY80 143,687,400 1,436,874 1.4800 0.5480 0.9320
FY79 138,127,700 1,381,277 1.4000 0.4900 0.9100
FY78 132,917,100 1,329,171 1.4400 0.4746 0.9690

*Historical assessed values are generally extrapolated from the tax rate and municipal revenue.